Stanley Black & Decker (NYSE:SWK) Stock Price Up 11.4% After Earnings Beat

Key Points

• Stanley Black & Decker shares rose 11.4% after adjusted quarterly EPS of $2.31 beat analyst estimates of roughly $1.55; revenue of $3.73 billion was close to expectations.
• The company raised its 2026 earnings and free-cash-flow outlook, citing organic growth and margin expansion, with tariff refunds also contributing. Those refunds may not recur, making sustained operating gains a key factor for investors.
• Stanley Black & Decker repurchased $250 million in shares during the quarter and authorized another $1 billion in buybacks. It also declared a quarterly dividend of $0.84 per share, equivalent to a 2.8% yield.

Stanley Black & Decker, Inc. (NYSE:SWK - Get Free Report) was up 11.4% on Wednesday after the company announced better than expected quarterly earnings. The stock traded as high as $120.64 and last traded at $116.5460. Approximately 833,693 shares changed hands during trading, a decline of 54% from the average session volume of 1,815,730 shares. The stock had previously closed at $104.62.

The industrial products company reported $2.31 EPS for the quarter, topping analysts' consensus estimates of $1.55 by $0.76. The firm had revenue of $3.73 billion during the quarter, compared to analysts' expectations of $3.74 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%.

Stanley Black & Decker Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Tuesday, December 1st will be given a $0.84 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $3.36 annualized dividend and a yield of 2.8%. Stanley Black & Decker's dividend payout ratio (DPR) is presently 81.95%.

Key Stories Impacting Stanley Black & Decker

Here are the key news stories impacting Stanley Black & Decker this week:

• Positive Sentiment: Adjusted earnings were $2.31 per share, well above analysts’ estimates of about $1.54–$1.55 and up from $1.43 a year earlier. The company said organic growth and margin expansion continued, and additional tariff refunds helped it raise its 2026 EPS and free-cash-flow guidance. Stanley Black & Decker Q3 2026 results
• Positive Sentiment: Capital returns may also support sentiment: SWK executed $250 million in share repurchases during the quarter and authorized an additional $1 billion for future buybacks. Stanley Black & Decker Q3 2026 results
• Neutral Sentiment: Revenue was approximately $3.73 billion, close to expectations; estimates differed, with some sources showing a small beat and another a slight shortfall. The earnings outperformance was much more pronounced than the sales result. Stanley Black & Decker Q3 earnings and revenue
• Negative Sentiment: Part of the raised outlook came from tariff refunds, which may be less repeatable than underlying operating improvement; investors may watch whether organic growth and margin gains can sustain results without that benefit. Earnings beat and tariff refunds lift outlook

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Citigroup increased their target price on Stanley Black & Decker from $100.00 to $107.00 and gave the company a "buy" rating in a research note on Friday, July 31st. The Goldman Sachs Group reiterated a "neutral" rating and issued a $93.00 price target on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Stanley Black & Decker in a report on Thursday, October 29th. Wall Street Zen downgraded shares of Stanley Black & Decker from a "strong-buy" rating to a "buy" rating in a report on Saturday, October 24th. Finally, Morgan Stanley set a $100.00 target price on shares of Stanley Black & Decker in a research report on Tuesday, October 6th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $94.11.

Hedge Funds Weigh In On Stanley Black & Decker

A number of large investors have recently added to or reduced their stakes in the stock. Compass Financial Management LLC acquired a new stake in shares of Stanley Black & Decker in the second quarter valued at about $31,000. Cape Investment Advisory Inc. acquired a new position in shares of Stanley Black & Decker during the second quarter valued at about $35,000. Continuum Advisory LLC bought a new position in shares of Stanley Black & Decker during the 2nd quarter worth about $36,000. Provenance Wealth Advisors LLC grew its stake in shares of Stanley Black & Decker by 5,342.9% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 381 shares of the industrial products company's stock valued at $34,000 after buying an additional 374 shares during the period. Finally, Fiduciary Financial Advisors acquired a new stake in shares of Stanley Black & Decker in the 2nd quarter valued at about $43,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Price Performance

The business has a 50-day moving average of $93.69 and a 200 day moving average of $85.83. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $17.87 billion, a P/E ratio of 28.81, a price-to-earnings-growth ratio of 1.58 and a beta of 1.15.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor products and related equipment. The company serves professional contractors, industrial customers, do-it-yourself consumers and outdoor enthusiasts through a portfolio that includes power tools, hand tools, storage solutions, accessories, lawn and garden equipment, and other outdoor products.

Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, Cub Cadet, Hustler and Troy-Bilt. Products are sold through retailers, distributors, e-commerce channels and other commercial outlets, supporting construction, maintenance, manufacturing, automotive repair and residential applications.

The company was formed in 2010 through the merger of The Stanley Works and The Black & Decker Corporation.

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